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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingNational Bank of Greece (NBG) reported a net loss of 60 million euros in the fourth quarter (Q4) of 2017 from continued operations, deepening from the loss of 44 million in Q3. This resulted in full-year bottom-line results coming to a net loss of 163 million euros for 2017 compared to a loss
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Prior actions and crucial meetings dominate agenda for rest of month
EconomyProgrammeand the full restoration of trust as a result of debt relief measures will create new conditions
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CPI declines by 0.2 pct in March for year’s second negative reading
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) edged down by 0.2 percent in March after positive growth of 0.1 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Friday. 2017 marked the first full year of consumer price increases after four uninterrupted years of deflation
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Car sales up by 23.9 pct in March and by 33.3 pct in three-month period
EconomyMacroeconomyon an aggregate basis. According to the full-year data for 2017, car sales doubled in that year compared
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Budget primary surplus at 2.32 bln in Mar, beating target by 1.22 bln
EconomyMacroeconomy. The full revenue breakdown will be provided upon the release of the final budget execution bulletin due
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Tsipras urges SYRIZA MPs to focus on ever-closer MoU exit
PoliticsGreek Politicsfull assembly was due to begin on Tuesday a two-day debate regarding the bill for the sale of some
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PMI slows to 52.9 pts in April, sector confidence hits all-time high
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by 2.1 points to 52.9 in April, nearing almost one full year where the reading has stayed above the 50-mark threshold. The index has remained positive, albeit displaying the weakest growth since November 2017 as the previous growth in the manufacturing sector
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Newsletter 160 -04/05/2018
dropped by 2.1 points to 52.9 in April, nearing almost one full year where the reading has stayed
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New increase in flow of refugees to Greece causes unease
Societywas put in place. The report showed that 42,425 full registrations had taken place in Greece between
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Industrial production rises by 1.1 pct in March
EconomyMacroeconomyalmost one full year during which the reading has stayed above the 50-mark threshold
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